diff --git a/README b/README
index 46b4b8d..379c174 100644
--- a/README
+++ b/README
@@ -197,6 +197,11 @@ McCabe:
 CHANGES
 =======
 
+1.5
+---
+
+???
+
 1.4 - 2012-07-12
 ----------------
 
diff --git a/flake8/__init__.py b/flake8/__init__.py
index 48c580d..c1535a4 100644
--- a/flake8/__init__.py
+++ b/flake8/__init__.py
@@ -1,3 +1,3 @@
 #
 
-__version__ = '1.4'
+__version__ = '1.5'